Chicago, IL 60622,1435 N Ashland Avenue
Chicago, IL 60622,1435 N Ashland Avenue
Chicago, IL 60622,1435 N Ashland Avenue
Chicago, IL 60622,1435 N Ashland Avenue
Chicago, IL 60622,1435 N Ashland Avenue
Chicago, IL 60622,1435 N Ashland Avenue
See all 31 photos
Listed by Tyler Weekes • Star Realty & Management
Bought with Tyler Weekes • Star Realty & Management

$3,125,000

$3,300,000

5.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

13,420 SqFt


SOLD DATE : 08/14/2025

Key Details

Sold Price $3,125,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 13,420 sqft

Price per Sqft $232

MLS Listing ID 12359734

Sold Date 08/14/25

Year Built 1894

Annual Tax Amount $23,131

Tax Year 2023

Lot Dimensions 72 X 108

Property Sub-Type Multi Family 5+

Property Description

A rare and exceptional investment opportunity, 1435-1439 N. Ashland Ave presents an 8-unit multifamily property situated on an oversized triple lot in the heart of Wicker Park-one of Chicago's most sought-after neighborhoods. Spanning two expansive buildings, this trophy asset offers a mix of generously sized, updated apartments, each featuring private outdoor space and access to a beautifully maintained shared courtyard. The property's unit mix-(3) 2BD/1BA, (1) 2BD/2BA, (2) 3BD/2BA, (1) 3BD/3BA, and (1) 4BD/3BA-is ideal for maximizing rental income in a high-demand rental market. Notably, five of the eight units are over 1,500 square feet, providing exceptional living space rarely found in this area. Interiors include in-unit laundry, hardwood floors, granite countertops, stainless steel appliances, and individual mechanical systems, offering modern conveniences with long-term durability. Current rents are significantly below market per square foot, presenting a clear value-add opportunity through light renovations or full redevelopment. Whether you're seeking stable income, future upside, or redevelopment potential, 1435-1439 N. Ashland Ave delivers on all fronts-making it a standout investment in an A+ location.

Location

State IL

County Cook

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Roof Type Composition,Membrane

Building

Foundation Block, Brick/Mortar, Stone

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

GET MORE INFORMATION

Name
Phone*
Message

I consent to receiving calls and texts from Serene Realty Inc for real estate information and assistance. Texts may include listing recommendations, status updates, and related information. Message frequency varies and data rates may apply. Text "HELP" to 708-847-9949 for assistance. Reply “unsubscribe” to opt-out.

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property